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28,500 SQM Tourist Land for sale in Cape Greko, Famagusta

Cape Greko, Famagusta, Cyprus
28,500 SQM Tourist Land for sale in Cape Greko, Famagusta 79 Cape Greko
15000000 €15,000,000  ($16,302,062)
28,500 SQM Tourist Land
Cape Greko, Famagusta

€15,000,000  ($16,302,062)

Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $570,572

Average Bank Rate (€15,000,000)
1 USD = 0.8890 EUR
$16,872,634

Mid-market rate (€15,000,000)
1 USD = 0.9201 EUR
$16,302,062

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Tourist (Τ5Α)

Description: Tourist Zones (Τουριστικες Ζωνες)

Coverage: 0.2

Density: 0.3

Height: 8.3 meters

Allowed stories: 2

Development description: Special Policy Statement Of Paralimni (Ειδικη Δηλωση Πολιτικης Παραλιμνiου)


Nearby planning zones

Residential: 1.17 Km

Commercial: 5.77 Km

Industrial: 2.42 Km

Agricultural: 0.9 Km

Farm: 12.04 Km

Key features

  • Listing ID: 1574080 (8799)
  • Plot: 28500 sqm

Description

Welcome to Sunny Coast, an exceptional beachfront land in the picturesque area of Protaras, offering a golden opportunity for a luxurious villa development project. With its prime location overlooking the crystal-clear waters of the Mediterranean Sea, this 28,500 square meters plot presents an unparalleled canvas for creating a dreamy coastal haven.

Situated at an enviable location, the plot comes with all the necessary permits in place, allowing for the construction of a remarkable complex of 40 elegant villas. The well-designed development comprises 34 sophisticated 3-bedroom villas and 6 exclusive 4-bedroom beachfront villas, ensuring an exquisite balance between opulence and serenity.

The 4-bedroom beachfront villas, each sprawling across 301 square meters, embody the epitome of luxury living. Spanning over multiple levels, including a basement, ground floor, first floor, and second floor, these villas provide ample space for a truly lavish lifestyle. Each villa boasts three en-suite bedrooms, offering unparalleled comfort and privacy to its residents. A private swimming pool, soothing jacuzzi, and a dedicated barbecue area create the perfect ambiance for outdoor relaxation and entertainment. Additionally, a spacious parking area for three cars ensures the utmost convenience for the villa’s occupants.

Equally captivating, the 3-bedroom villas encompassing 148 square meters each, exude charm and sophistication. With well-designed layouts across the basement, ground floor, first floor, and roof garden, these villas invite residents to enjoy a seamless blend of indoor-outdoor living. Two of the bedrooms come with ensuite facilities, elevating the comfort level for the villa’s occupants. Residents can unwind in the indulgent jacuzzi or host delightful gatherings in their own private barbecue area. A two-car parking area adds practicality and convenience to the villa’s design.

For the collective enjoyment of all residents, the development features an inviting common area building that houses a range of amenities. An elegant cafeteria serves as a delightful spot for socializing over delicious treats, while a sparkling swimming pool provides a refreshing escape on sunny days. A stylish bar caters to those seeking relaxation and a touch of indulgence, and a fully-equipped gym promotes an active and healthy lifestyle.

Prospective buyers have the flexibility to choose between developing according to the already acquired permits or an awe-inspiring touristic destination with more than 8,393 square meters in covered areas. Notably, the plot is owned by an SPV, offering unique advantages.

Embrace the opportunity to shape an exclusive coastal paradise in the heart of Protaras with Sunny Coast. Whether for investment purposes or creating an idyllic retreat, this beachfront plot is a rare gem not to be missed. Envision your vision of a beachfront sanctuary, and let Sunny Coast bring your dream to life. Act swiftly to secure this coveted plot and unlock a world of endless possibilities along the sun-kissed shores of Cyprus.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€29,908 ($32,504)
If buying on joint names
€29,908 ($32,504)
Transfer fees
If buying as an individual
€596,600 ($648,387)
If buying on joint names
€593,200 ($644,692)

Disclaimer - Property reference 1574080. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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